Kelly Services (KELYA) to Release Earnings on Thursday

Kelly Services (NASDAQ:KELYA) is expected to be posting its results before the market opens on Thursday, November 6th. Analysts expect Kelly Services to post earnings of $0.42 per share and revenue of $972.80 million for the quarter. Kelly Services has set its Q3 2025 guidance at EPS.

Kelly Services (NASDAQ:KELYA) last announced its quarterly earnings data on Thursday, August 7th. The business services provider reported $0.54 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.54. The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Kelly Services had a positive return on equity of 5.65% and a negative net margin of 0.14%. On average, analysts expect Kelly Services to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Kelly Services Price Performance

Shares of NASDAQ KELYA opened at $11.26 on Tuesday. Kelly Services has a 52 week low of $10.80 and a 52 week high of $22.44. The business’s 50 day moving average price is $13.07 and its 200 day moving average price is $12.59. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.06. The firm has a market cap of $396.94 million, a P/E ratio of -56.30, a P/E/G ratio of 0.41 and a beta of 0.85.

Kelly Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Wednesday, August 20th were paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 2.7%. The ex-dividend date was Wednesday, August 20th. Kelly Services’s payout ratio is presently -150.00%.

Insider Activity

In other news, SVP Nicola M. Soares sold 27,412 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $13.43, for a total transaction of $368,143.16. Following the sale, the senior vice president directly owned 40,134 shares in the company, valued at $538,999.62. This trade represents a 40.58% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Daniel H. Malan sold 7,840 shares of the company’s stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of $12.86, for a total value of $100,822.40. Following the completion of the transaction, the senior vice president directly owned 79,791 shares of the company’s stock, valued at $1,026,112.26. The trade was a 8.95% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 52,902 shares of company stock worth $721,526. Corporate insiders own 48.09% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. The Manufacturers Life Insurance Company grew its stake in Kelly Services by 8.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,949 shares of the business services provider’s stock valued at $140,000 after acquiring an additional 905 shares during the period. Man Group plc grew its position in shares of Kelly Services by 6.6% in the second quarter. Man Group plc now owns 24,780 shares of the business services provider’s stock valued at $290,000 after purchasing an additional 1,532 shares during the period. Tower Research Capital LLC TRC increased its stake in shares of Kelly Services by 83.5% during the second quarter. Tower Research Capital LLC TRC now owns 4,324 shares of the business services provider’s stock worth $51,000 after purchasing an additional 1,967 shares in the last quarter. Quantbot Technologies LP raised its position in shares of Kelly Services by 16.0% during the 2nd quarter. Quantbot Technologies LP now owns 29,357 shares of the business services provider’s stock worth $344,000 after purchasing an additional 4,043 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in Kelly Services by 1.5% in the 2nd quarter. Invesco Ltd. now owns 472,191 shares of the business services provider’s stock valued at $5,529,000 after buying an additional 6,876 shares in the last quarter. Hedge funds and other institutional investors own 76.34% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. UBS Group reiterated an “outperform” rating on shares of Kelly Services in a research note on Friday, September 12th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Kelly Services in a research report on Wednesday, October 8th. Wall Street Zen lowered Kelly Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 25th. Finally, Barrington Research restated an “outperform” rating and issued a $25.00 target price on shares of Kelly Services in a research note on Tuesday, September 23rd. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $25.00.

Kelly Services Company Profile

Kelly Services, Inc, together with its subsidiaries, provides workforce solutions to various industries. The company operates through five segments: Professional & Industrial; Science, Engineering & Technology; Education; Outsourcing & Consulting; and International. The Professional & Industrial segment delivers staffing, outcome-based, and permanent placement services providing administrative, accounting, and finance; light industrial; contact center staffing; and other workforce solutions.